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Teladoc Earnings Preview: What to Watch

TheMotleyFool

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Teladoc Earnings Preview: What to WatchPhoto, wide shot, wide-angle lens, Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png

Teladoc Health (NYSE: TDOC), the leader in virtual healthcare, is slated to report its first quarter 2020 results after the market closes on Wednesday, April 29.

Investors already have a general idea of what to expect since the company reported preliminary results on April 14. However, it only provided projected figures for three metrics: revenue, adjusted EBITDA (earnings before interest, taxes, and depreciation), and total visits. So there will be more key data to learn from the official results, namely earnings per share (EPS) and updated 2020 guidance.

Investors are probably approaching the report with optimism. The coronavirus pandemic has significantly boosted demand for telehealth services.

Source Fool.com

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